Each depositor insured to at least $250,000 per insured bank

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Important Update: Changes in FDIC Deposit Insurance Coverage

The FDIC deposit insurance rules have undergone a series of changes starting in the fall of 2008. As a result, certain previously published information related to FDIC insurance coverage may not reflect the current rules. For details about the changes, visit Changes in FDIC Deposit Insurance Coverage. For more information about FDIC insurance, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342). For the hearing-impaired, the number is 1-800-925-4618.

Summer 2009

Also New: An FDIC Guide for Borrowers at Failed Banks


You probably know that depositors at failed banks have quick access to all of their insured money if their bank fails. But do you know what happens if you have a loan — perhaps a mortgage or a car loan — at a bank that is closed?

To help borrowers understand what to expect if their bank fails and the FDIC acquires its loans, the agency has published a brochure entitled "A Borrower's Guide to an FDIC-Insured Bank Failure." Read it online at www.fdic.gov/bank/individual/failed/borrowers.

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Last Updated 8/17/2009